Ecosystem Stakeholder Analysis: An Innovation-Driven Enterprise’S Perspective

Jukka Majava

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Abstract: Innovation-driven enterprises (IDEs) must engage with various stakeholders to create new products and commercialise them. Different spatial ecosystems provide these enterprises with local conditions for developing new innovations. This study explores stakeholders of IDEs in a spatial business ecosystem through a case study. It analyses the presence of required stakeholders and their roles to support new innovations. The study identifies the critical stakeholders for supporting innovation-driven enterprises, such as providers of different forms of capital, universities, and research institutes. IDEs are recommended to exploit the spatial ecosystems by interacting with various stakeholders and by gaining access to local resources to create new innovations. The results of the study are relevant both for managers of new innovation-driven ventures and decision-makers responsible for local innovation policies.

Keywords: innovation; business ecosystem; stakeholder; innovation-driven enterprise (IDE); new product development (NPD) (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:tkp:mklp16:373-379

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